Production Scheduling, Economic Decision-Making, Cost Model for Supply

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The book explores the impact of globalization on competition among companies, highlighting the role of improved transportation, trade regions, and technology. It emphasizes the shift towards outsourcing manufacturing to reduce costs, which has transformed supply chain management into a critical business strategy. The text distinguishes between supply chain strategy and management, focusing on the iterative process of evaluating cost-benefit tradeoffs. It also addresses the potential risks of outsourcing, including unforeseen costs that can affect overall investment outcomes.